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20501 Hoover

Off-Market

20501 Hoover, Detroit, MI 48205

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  • Property Type Industrial - Manufacturing
  • Property Size 38,652 SF
  • Lot Size 2.09 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1959

Location

  • Walk Score ® Car-Dependent (44)
  • Transit Score ® Some Transit (44)
  • Bike Score ® Bikeable (52)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Mt. Olivet
  • Zip Code 48205
  • Market Detroit

Points of Interest

Grand Boulevard

6.30 miles

Detroit

6.44 miles

Ferry Street

6.71 miles

Warren Avenue

6.85 miles

Mack Avenue

7.38 miles

Martin Luther King Junior Boulevard

7.39 miles

Sproat Street

7.67 miles

Adelaide Street

7.70 miles

Checker Cab #977

7.73 miles

Montcalm Street

7.81 miles

Citgo

2.09 miles

Citgo

2.17 miles

Blink

4.36 miles

Citgo

5.27 miles

Mobil

5.94 miles

Ferndale Public Library

6.56 miles

Wayne State University - Parking Structure #6

6.91 miles

Wayne State University - Parking Structure #5

7.07 miles

Roseville, MI Supercharger

7.25 miles

Amoco

7.35 miles

John R Lot

6.31 miles

Baltimore Garage

6.63 miles

HFHS Patient Employee Garage

6.73 miles

WSU Lot 57

6.80 miles

DMC Central Deck

7.14 miles

SOMA Parking

7.40 miles

850 Witherell Lot

7.87 miles

240 W Adams Lot

8.09 miles

1009 Cass Garage

8.40 miles

Detroit Public Safety Headquarters Visitor Parking

8.44 miles

Popeyes

3.01 miles

Hungry Howie's

4.09 miles

National Coney Island

4.83 miles

Subway

5.05 miles

Subway

6.41 miles

McDonald's

6.59 miles

Kirchenwirt

7.16 miles

Eclipse Burger

7.21 miles

House of Chan

7.49 miles

Bob Evans

8.06 miles

Royal Supermarket

1.31 miles

Eastland Center

3.61 miles

Kmart

4.24 miles

Marshalls

4.30 miles

Family Foods

4.31 miles

TJ Maxx

4.37 miles

Save-A-Lot

4.45 miles

The Shops at Woodward Place

5.51 miles

Marshalls

5.88 miles

Big Lots

6.43 miles

Engine Number 60 Fire Station

0.46 miles

Engine Number 50 Fire Station

2.08 miles

Engine Number 47 Fire Station

2.37 miles

Eastpointe Police Station

2.83 miles

Engine Number 58 Fire Station

3.31 miles

Life-alysis Kidney Center

3.76 miles

DaVita Dialysis

4.21 miles

CVS

4.26 miles

Harper Woods Police Station

4.29 miles

Roseville Fire Station 2

4.35 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 18 Nov, 1998
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Detroit

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Detroit Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80%
  • 2020 Office Completions (SF) 63,500
View more Detroit market trends

Tax

  • Base Tax $31,620
  • Current Tax $19,002
  • Market Value* $731,600
  • Assessed Value $731,600

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 20501 Hoover?

20501 Hoover totals 38,652 square feet.

When was this property built?

20501 Hoover was built in 1959.

When was 20501 Hoover last sold?

20501 Hoover was last sold on 18 Nov, 1998.

What is the market value for 20501 Hoover?

The market value* for 20501 Hoover in 2021 was $731,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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